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Unlisted Share Transfer between 2 Non Resident Companies

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(Querist)
30 June 2023 Unlisted Shares of a Company Incorporated in India are Held by a Non Resident Company (100% Holding). These shares are now being transferred to another Non Resident Company. What are the Sections with regards to LTCG Tax and if TDS also attracted under any Section.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
30 June 2023 Unlisted shares sell it after a holding period of 24 months would be considered LTCG, while less than 24 months is treated as STCG. Here, LTCG is taxable at 20% with indexation. TDS not applicable.
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